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Oakland, Tennessee Demographics & Population 2026

Demographic data: ACS 2020–2024 five-year estimates. Sources and methodology

During the 2020–2024 ACS period, Oakland, Tennessee had a total population of 9,979, the 68th largest town in Tennessee, with a median household income of $97,798, which is 41% higher than the state average. The poverty rate is 5.8%.

Key Takeaways

Oakland Quick Facts

Population 9,97990% MOE ±29
Median Household Income $97,79890% MOE ±$8,810
Median Home Value $319,10090% MOE ±$21,670
Poverty Rate 5.8%90% MOE ±3.3 pts
Unemployment Rate 3.3%90% MOE ±1.8 pts
Median Age 40.3 years90% MOE ±3.2 years
Homeownership Rate 87.0%90% MOE ±4.4 pts
Affordability Ratio 3.3x
Bachelor's Degree or Higher 33.1%90% MOE ±5.0 pts
Adults 25+ with high school education or higher 96.7%
Diversity Index 47/100
Population 9,979 68th of 502
Median Income $97,798 top 10%
Poverty Rate 5.8% 54% lower than national
Median Home Value $319,100 top 20%

How Oakland Changed

Change from the non-overlapping 2015–2019 ACS period to 2020–2024. Earlier dollar figures are adjusted to 2024 dollars; changes marked “no clear change” are within the combined 90% margins of error.

Metric2015–20192020–2024Change
Population7,8939,979+26.4%
Median household income$92,692$97,798No clear change (+5.5%)
Median home value¹$228,666$319,100+39.5%
Median gross rent$1,849$1,992No clear change (+7.8%)
¹ The Census Bureau changed its home-value inflation adjustment beginning with the 2022 ACS; interpret that comparison with additional caution.

How Oakland Compares

Median Household Income

Oakland
$97,798
TN
$69,595
National
$80,734

Median Home Value

Oakland
$319,100
TN
$286,700
National
$332,700

Economy & Housing

Household Income Distribution

Under $25K 7.8%
$25K-$50K 14.2%
$50K-$100K 29.9%
$100K+ 48.0%
Detailed income brackets
Under $10K
2.0%
$10K-$15K
2.7%
$15K-$20K
0.7%
$20K-$25K
2.4%
$25K-$30K
4.1%
$30K-$35K
3.1%
$35K-$40K
3.1%
$40K-$45K
1.0%
$45K-$50K
2.9%
$50K-$60K
3.8%
$60K-$75K
7.4%
$75K-$100K
18.7%
$100K-$125K
17.7%
$125K-$150K
11.3%
$150K-$200K
13.4%
$200K+
5.7%

Employment

3.3% Unemployment Rate State: 4.7%|National: 5.2%
67.4% Labor Force Participation

Housing Overview

Owner 87.0%
Renter 13.0%
Affordability Index Affordable
3.3x home value to income ratio
Median gross rent $1,992/mo 24.4% of median household income annually

People & Demographics

Age Distribution

Under 18
20.8%
18-34
18.8%
35-54
27.8%
55-74
26.3%
75+
6.4%

Race & Ethnicity

  • White: 67.9%
  • Black: 26.0%
  • Hispanic: 2.1%
  • Asian: 0.2%
  • Other: 0.1%

Diversity Index

47out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 46 | National average: 61

Education

Educational Attainment (Adults 25+)

  • < High School: 3.3%
  • HS Diploma: 30.1%
  • Some College: 24.1%
  • Associate's: 9.3%
  • Bachelor's: 26.7%
  • Graduate+: 6.5%

Oakland Rankings in Tennessee

#68 Population of 502
#44 Median Income of 453
#80 Education of 502
#82 Home Value of 464

Other Cities in Fayette County

CityPopulationMedian IncomePovertyHome Value
Somerville 3,466 $44,310 25.0% $312,900
Piperton 2,569 $130,100 4.6% $618,800
Rossville 1,142 $120,357 7.3% $481,800
Moscow 768 $51,250 25.4% $147,800
Gallaway 609 $30,208 43.3% $184,400
Williston 480 $76,875 7.5% $171,800
Grand Junction 435 $62,083 12.5% $130,000
Braden 308 $82,115 2.9% $280,000
La Grange 62 $56,250 12.9% $436,400

Cities Similar to Oakland

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Fairview10,009$91,131$390,20035.4%11.6%
Halls (Knox County)10,272$90,933$321,30035.7%8.0%
Atoka10,385$89,663$320,70035.2%7.0%
Clinton10,239$68,882$225,00020.0%12.7%
Fairfield Glade9,487$71,682$356,80036.4%7.2%

Population Overview

Oakland is a small city located in Tennessee, within Fayette County. The total population is 9,979. It ranks as the 68th most populous out of 502 Census-designated places in Tennessee.

Age Demographics

The median age in Oakland is 40.3 years. This is 4% higher than the state median of 38.9 years.

Economy, Income & Housing

The median household income in Oakland is $97,798. This is 41% higher than the state median of $69,595. It is also 21% higher than the national median of $80,734. The poverty rate stands at 5.8%. This is 58% lower than the state poverty rate of 13.8%. The unemployment rate is 3.3%. This is 30% lower than the state rate of 4.7%. The median home value is $319,100. Housing costs are 11% higher than the state median of $286,700. The home-value-to-income ratio is 3.3x. 87.0% of occupied housing units are owner-occupied. This homeownership rate is 30% higher than the state average of 66.9%.

Race & Ethnicity

The largest racial or ethnic group in Oakland is White (non-Hispanic), making up 67.9% of the population. Black or African American residents account for 26.0%. The Black or African American population is significantly higher than the state average (26.0% vs 15.4%). The Hispanic or Latino population (2.1%) is well below the state average of 7.4%. The Asian population (0.2%) is well below the state average of 1.9%.

Education

33.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 7% higher than the state rate of 31.1%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.7%.

Data Sources & Methodology

All demographic data for Oakland, Tennessee is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Tennessee state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 502 Census-designated places in Tennessee. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all Tennessee city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Oakland, Tennessee?

Oakland, Tennessee has a population of 9,979 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Oakland, TN?

The median household income in Oakland is $97,798, which is 21% higher than the national median of $80,734.

What is the poverty rate in Oakland, TN?

The poverty rate in Oakland is 5.8%. This means approximately 576 residents live below the federal poverty line.

What is the racial makeup of Oakland, Tennessee?

Oakland's population is 67.9% White, 26.0% Black, 2.1% Hispanic/Latino, and 0.2% Asian.

What is the median home value in Oakland, TN?

The median home value in Oakland is $319,100. The home-value-to-income ratio is 3.3x.

How educated is Oakland, Tennessee?

33.1% of adults (25+) in Oakland hold a bachelor's degree or higher, and 6.5% hold a graduate or professional degree.